Hexcel (NYSE: HXL) EVP corrects tax shares and receives new equity awards
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Hexcel Corporation executive Gail E. Lehman, EVP and Chief Legal & Sustainability Officer, filed an amended insider report adjusting a prior tax-withholding entry and reflecting new equity awards. The amendment notes that 1,060 shares of common stock were withheld at $82.81 per share to cover taxes on a performance-based share award, leaving 20,148 shares beneficially owned directly.
Lehman also reported 2,872 restricted stock units, each convertible into one Hexcel common share, vesting in equal installments on the first three anniversaries of the grant date. In addition, she received 6,906 non-qualified stock options with an exercise price of $81.59 per share, vesting in three equal annual installments and expiring on February 2, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lehman Gail E
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,872 | $0.00 | -- |
| Grant/Award | Non-Qualified Stock Options | 6,906 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,060 | $82.81 | $88K |
Holdings After Transaction:
Restricted Stock Units — 2,872 shares (Direct);
Non-Qualified Stock Options — 6,906 shares (Direct);
Common Stock — 20,148 shares (Direct)
Footnotes (1)
- This amendment is being filed to correct an administrative error in the amount of shares withheld for the payment of taxes upon conversion of a performance-based share award. The number of shares beneficially owned following this transaction were therefore also adjusted. Represents shares of common stock of the issuer withheld for the payment of taxes due upon the conversion of a performance-based share award reported on the reporting person's Form 4 filed on January 23, 2026. Each restricted stock unit ("RSU") represents a conditional right to receive one share of common stock of the issuer. The RSUs vest and convert into an equivalent number of shares of common stock of the issuer in equal increments on the first three anniversaries of the grant date. The non-qualified stock options vest in equal increments on the first three anniversaries of the grant date.
FAQ
What insider transaction did Hexcel (HXL) executive Gail E. Lehman report?
Gail E. Lehman reported an amended insider transaction adjusting the number of Hexcel shares withheld for taxes on a prior performance-based share award. She also disclosed new grants of restricted stock units and non-qualified stock options as part of her equity compensation package.
What restricted stock units did Gail E. Lehman receive from Hexcel (HXL)?
Lehman received 2,872 restricted stock units (RSUs), each representing a conditional right to one Hexcel common share. These RSUs vest and convert into shares in three equal installments on the first, second, and third anniversaries of the grant date, subject to continued service.
What stock options were granted to Gail E. Lehman by Hexcel (HXL)?
Lehman was granted 6,906 non-qualified stock options with an exercise price of $81.59 per share. These options vest in three equal annual installments starting on the grant date anniversary and are scheduled to expire on February 2, 2036 if not exercised earlier.
Why did Gail E. Lehman file an amended Form 4 with respect to Hexcel (HXL)?
The amendment corrects an administrative error in the previously reported number of shares withheld to pay taxes on a performance-based share award. Because of this correction, the reported total number of Hexcel shares beneficially owned by Lehman was also adjusted to reflect the accurate post-transaction balance.
What is Gail E. Lehmans role at Hexcel (HXL) as shown in this filing?
Gail E. Lehman is identified as Hexcels EVP, Chief Legal & Sustainability Officer. The filing classifies her as an officer of the company and reports her equity compensation awards and tax-withholding share disposition in connection with her executive role.